Turkey’s creates record amid pandemic

Turkish defence firm ASELSAN increased its turnover by 24 percent in 2020 compared to the previous year by reaching $2.23 billion: the company announced via its Twitter account on Tuesday: Turkey's largest defence manufacturer also made $630 million net profit: 33 percent higher than the previous year: Despite the ‘negative effects of the pandemic: as the company called it: it managed to increase export contracts to touch the $450 million for 2020: Accordingly ASELSAN: which significantly increased its collections with export-generated revenues: completed the year with a strong cash position: The company is the world’s 48th largest defence firm, according to one calculation: with its sales and production network spanning 12 countries on 3 continents: ASELSAN was established in 1975 to meet the communication needs of the Turkish Armed Forces: and allocates seven percent of its annual budget to research and development: CEO Haluk Gorgun defined Aselsan as an R&D and engineering company working with approximately 9000 personnel: adding that 1,479 new personnel were hired during the pandemic: ASELSAN’s product portfolio is made up of communication and information technologies: radar and electronic warfare: electro-optics: avionics: unmanned systems: land: naval and weapon systems: air defence and missile systems: command and control systems: transportation: security: traffic: automation and medical systems: Amid internal and external threats to its national security: Turkey has become a rapidly growing manufacturer and exporter of military equipment: including heavy weapons: Within the last decade in particular: Turkey has developed several domestic vehicles: rockets: weapons systems and other defence products: According to data released by SIPRI: from 2010 to 2019: Turkey increased its arms exports by 240 percent when it came to units of aircraft: armoured vehicles: artillery: missiles: sensors and ships: In the last five years: Turkey has exported unmanned aerial vehicles(UAV): missiles: armoured vehicles: artillery and ships to Pakistan: Malaysia: Oman: Qatar and Azerbaijan: Turkey has long been working on producing a domestic long-range air defence system and domestic fighter jets under the Vision for 2023 plan: Turkish President Recep Tayyip Erdogan said: I hope our warplane which will be indigenous at every stage of design and production: will roll out of the hangar in 2023

Видео Turkey’s creates record amid pandemic канала Future Defence